Topic: Lawrence Summers

Special Report: In the White House, economics is a contact sport

WASHINGTON (Reuters) - Blunt, brash, brainy and occasionally self-mocking. Larry Summers, the White House economic adviser, is all of these things. In a career spanning academia, government and finance, he has rubbed some people the wrong way and infuriated others.So when President ...
Emerging Democratic voices: Bill to rein in banks is not tough enoughLiberal Senate Democrats who until now were on the sidelines are complaining that a pending financial overhaul bill backed by President Barack Obama does not go far enough to rein in ...
Obama's economic adviser says new financial overhaul bill would have prevented 2008 meltdownPresident Barack Obama's chief economic adviser says he thinks that the financial overhaul bill that senators are considering would have prevented the meltdown that began in 2008.Lawrence Summers says that ...
escape velocity" as Larry Summers says, small business optimism would not be in the gutter and sinking.. Thus, proof that Larry Summers is in Fantasyland can be found in a NFIB report that shows Small Business Optimism Declines in March. I heard ...

Summers urges business to back financial reform

NEW YORK (Reuters) - Top White House economic adviser Lawrence Summers on Tuesday urged businesses to embrace financial regulatory reform to prevent another severe economic crisis and ensure long-term health of their companies.Summers, director of the White House National Economic Council, reiterated ...

Obama's Token Help for the Unemployed

Obama's coin toss to businesses that hire and give pay raises is really just token help. In a word, it is Larry Summers, Obama's chief economic advisor. It was the massive public goods project Obama proposed originally: Just barely enough done to ...
President Obama is scheduled to hold a press conference Thursday at which he is expected to call on Congress to pass new legislation to restrict the proprietary trading programs of banks. The press conference is scheduled to follow a meeting between the ...
President Obama is scheduled to hold a press conference Thursday at which he is expected to call on Congress to pass new legislation to restrict the proprietary trading programs of banks. The press conference is scheduled to follow a meeting between the ...
I want to talk about the drubbing the Democrats are going to take in this year's elections and what it means, if anything. As a sort of pre-amble, I will lead into this with some thoughts on tax cut propaganda and today's ...
I was about to write a year-end reflection in which I was going to say that the Obama economic policy team had exceeded expectations--a sizeable fiscal stimulus, a second round now moving through the congress, victory in the intellectual war over whether ...